Quorum Information Technologies (CVE:QIS) Sets New 1-Year High – Still a Buy?

Quorum Information Technologies Inc. (CVE:QISGet Free Report)’s stock price reached a new 52-week high on Tuesday . The company traded as high as C$0.98 and last traded at C$0.98, with a volume of 20500 shares. The stock had previously closed at C$0.91.

Quorum Information Technologies Price Performance

The company has a debt-to-equity ratio of 41.17, a quick ratio of 2.13 and a current ratio of 2.12. The stock has a market cap of C$72.11 million, a PE ratio of 30.67 and a beta of 0.20. The stock’s 50-day moving average is C$0.94 and its two-hundred day moving average is C$0.89.

Quorum Information Technologies Company Profile

(Get Free Report)

Quorum Information Technologies Inc, an information technology company, focuses on the automotive retail business in Canada and the United States. The company develops, markets, implements, and supports software products for the automotive market, including Quorum DMS, a dealership management system; Autovance Desk; Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service, Sales Customer Relationship Management, and Business Development Centre; Accessible Accessories, a digital retailing platform; and VINN, an automotive marketplace.

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